Receipt of compensation in connection with a land readjustment project
SYLA Holdings Co.,Ltd. (the filing company)
Former Soka head office (buildings located on land owned by the Company)
As a result of the Soka City Planning Project, Nitta Station West Exit Land Readjustment Project, the buildings located on land owned by the Company will have to be relocated.
¥697 million (expected; non-operating income (compensation received))
Fiscal year ending May 2027 (1 June 2026 to 31 May 2027)
The amount is expected to be incorporated into the earnings forecast for the fiscal year ending May 2027.
Related procedures
Procedures for vacating and relocating property and other assets in connection with the Soka City Planning Project, Nitta Station West Exit Land Readjustment Project
Soka City (project implementer)
The Company resolved matters relating to the series of procedures for relocating the former Soka head office and related matters. The deadline for vacating the premises is 31 March 2027.
The non-operating income and expenses related to this matter are expected to be incorporated into the earnings forecast for the fiscal year ending May 2027, which will be included in the financial results summary for the fiscal year ended May 2026 scheduled to be announced on 15 July 2026.
| Item | Details |
|---|---|
| Event name | Receipt of compensation in connection with a land readjustment project |
| Date of occurrence | 16 June 2026 (the date of the resolution at the Board of Directors meeting held today) |
| Subject Entity | SYLA Holdings Co.,Ltd. (the filing company) |
| Target Locations / Products | Former Soka head office (buildings located on land owned by the Company) |
| Cause | As a result of the Soka City Planning Project, Nitta Station West Exit Land Readjustment Project, the buildings located on land owned by the Company will have to be relocated. |
| Amount of Impact on Business Performance | ¥697 million (expected; non-operating income (compensation received)) |
| Accounting period in which recognized | Fiscal year ending May 2027 (1 June 2026 to 31 May 2027) |
| Impact on Earnings Forecast | The amount is expected to be incorporated into the earnings forecast for the fiscal year ending May 2027. |
| Type of litigation or proceeding | Procedures for vacating and relocating property and other assets in connection with the Soka City Planning Project, Nitta Station West Exit Land Readjustment Project |
| Court or authority | Soka City (project implementer) |
| Outlook | The Company resolved matters relating to the series of procedures for relocating the former Soka head office and related matters. The deadline for vacating the premises is 31 March 2027. |
| Planned follow-up disclosure | The non-operating income and expenses related to this matter are expected to be incorporated into the earnings forecast for the fiscal year ending May 2027, which will be included in the financial results summary for the fiscal year ended May 2026 scheduled to be announced on 15 July 2026. |
Items this document does not state (13)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.As a result of the Soka City Planning Project, Nitta Station West Exit Land Readjustment Project, the buildings located on land owned by the Company will have to be relocated.